BDO Italia’s latest attestation report for Tether revealed that Bitcoin made up approximately $1.5 billion of the stablecoin issuer’s reserves, or roughly 2% of the total, at the end of the first quarter. The accounting firm did not list Bitcoin (BTC) as a line item in previous reports. Without much fanfare, Tether has started reinvesting some of their profits/excess reserves into Bitcoin. How much have they acquired in Q1, you ask? Just around 52,670. pic.twitter.com/NI3N0oICOz — girevik (@girevik_) May 10, 2023 Precious metals were also given their own line item in…
Tag: italia
Cos'è Bitcoin e a cosa serve davvero
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tutti parlano di Bitcoin, in pochi sanno la sua storia. La nascita dei Bitcoin affonda le sue radici nella cultura cyber degli anni ’90. Bitcoin al tempo ancora non era nato, ma già esistevano gruppi che pensavano a progetti che andavano nella direzione delle criptovalute. Il gruppo di attivisti internet Cypherpunk nasce verso la fine degli anni ’80. Il loro obiettivo era quello di utilizzare la crittografia per migliorare la privacy delle persone. In questo periodo, nacquero anche le prime società di…
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper – Altcoins Bitcoin News
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin issuer’s reserves. The following day, Tether published its quarterly assurance opinion completed by BDO and it notes that the company has seen a 58% decrease in commercial paper reserves. Tether Hires BDO Italia, Company Publishes Quarterly Consolidated Reserves Report Tether Holdings Limited, the company behind the largest…
Stablecoin Issuer Tether Hires BDO Italia to Take Over Attestation Reports
Stablecoin issuers publish attestations and assurance reports to assure the broader crypto market that their coins are backed by real assets. Tether began publishing these reports after settling an inquiry with the New York Attorney General’s office, when the law enforcement entity claimed that, for a time, USDT was not fully backed. Source
Il giovanissimo inventore di Ethereum: Vitalik Buterin
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Vitalik Buterin nasce nel 1994 a Kolomna, vicino Mosca. Dopo pochi anni, la famiglia si trasferisce in Canada a Toronto. Il padre era programmatore e gli parla di Bitcoin all’età di 17 anni. Vitalik subito inizia ad informarsi su criptovalute e blockchain, ma non ha soldi per comprarle o minarle. Inizia a scrivere articoli sul mondo crypto, ricevendo lo stipendio in bitcoin. Veniva pagato 5 Bitcoin ad articolo, che oggi equivalgono a $200.000 Nel Maggio del 2013 Vitalik partecipa come reporter ad…